Lanxess

Bayer, balloons and games people play

Specialty chemicals market to grow by 5.6% to 2018 / Government targets reduction in imports to 12% / TechSci Research report

Global price hike for technical rubber

Brazilian PA and PBT compounds plant inaugurated / Meeting rising local automotive demand

Global price hike for “Keltan” EPDM

Follow-up: Performance Polymers segment posts significant declines / PA production to commence in Belgium in Q3 / Former CEO Heitmann reportedly unhappy with severance package

Perlon-Monofil subsidiary sold to Munich Serafin group / Strategic move to divest non-core activities

Zachert to take over as Lanxess CEO on 1 April

Impairment charge for Q4 2013 and net loss for full year / Overcapacity for rubber and higher costs

Engineering thermoplastics consumption recovers slightly in 2013 / Gains driven by ABS and PMMA / Import volumes of PC, PA and SAN down / Asian producers increasingly step into the fold / Low local capacity utilisation rates / Plastinfo report

Lanxess replaces CEO Heitmann with former CFO Zachert / Dark clouds on the financial horizon

EPDM price increase

Research cooperation with LanzaTech / Project involving plastic feedstocks made from synthetic gas

Earnings forecast for 2013 narrowed / Q3 EBITDA down 26% / Q3 pricing hit by destocking

Extended distribution agreement with Mito Polimeri in Italy

Bio-based EPDM selected for window rubber seals in Brazil

EPDM price increase for Asia

Mito Polimeri to distribute engineering plastics in northern Italy

Construction of EPDM plant in China continues according to plan

China Engineering Thermoplastics August/September 2013: Most feedstocks rise / Demand sees modest growth / Import quotes increase / Domestic prices remain stable but with some concessions / National Day holiday looms in October

Efficiency and restructuring plan for rubber chemicals business / Portfolio to be optimised / Focus on acquisitions and organic growth

Production declines by 2% EU-wide in the first five months of 2013 / Growth engine revving in fits and starts / Company chieftains now more cautious about full-year outlook / Cefic trend report

Poor business in Performance Polymers hits Q2 profit / Lower raw materials costs pressure pricing

Caprolactam overcapacity likely by 2015 / PA 6 grows presence in engineering plastics sector / Annual growth of 10% forecast for PA 6.6

A new corporate headquarters address in August